Apgml.org
Title
The Asia/Pacific Group on Money Laundering
Description
Excerpted from the website:
- The establishment of the APG in February 1997 was a regional response to the global threat of money laundering. This section briefly describes the nature of that threat and the counter-measures developed by the international community.
- In lay terms money laundering is most often described as the "turning of dirty money into clean money". Generally, the act of conversion and concealment is considered crucial to the laundering process.
